Elite Diagnostics delays IPO

Friday, January 26, 2018

Print this page Email A Friend!

Elite Diagnostics has delayed its initial public offer (IPO) that was scheduled to be opened on Wednesday.

In a notice posted on the Jamaica Stock Exchange (JSE) website yesterday, the company advised that “the application list relating to the IPO by Elite Diagnostic Limited (“Elite”) will not open on January 24, 2018. Elite, after consulting with its financial advisors, has decided to update certain statements made in its prospectus”.

The company said the revised statements, along with new opening and closing dates, will be published on the JSE's website once finalised.

NCB Capital Markets and Sagicor Investments are co-brokers for the IPO, which will make Elite Diagnostic the second medical services company to be listed on the JSE Junior Market.




1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed:

6. If readers wish to report offensive comments, suggest a correction or share a story then please email:

7. Lastly, read our Terms and Conditions and Privacy Policy

comments powered by Disqus



Today's Cartoon

Click image to view full size editorial cartoon